The minister has been accused by the Postbank board of being treated with hostility, undermined and disrespected
Poor leadership and accountability hindered the entity from developing proper procedures to deal with those responsible for mismanagement and fraud
Sassa will for the first time make electronic payments to social grant beneficiaries through its new corporate Postbank account on February 1
The SA Post Office is embarking on what it hopes will be the final stretch before becoming the Postbank, a fully fledged banking service provider.
With the state behind a fully fledged Postbank, the cost of borrowing could be driven down substantially.
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/ 17 January 2012
The South African Banking Risk Information Centre says it is unable to comment on the recent hi-tech cyber heist of R42-million from the Postbank.
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/ 16 September 2008
Postbank, a business unit of the SA Post Office, may be transformed into a separate company within three years, a newspaper reported on Tuesday.
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/ 5 November 2003
Emerging market insurance provider Safrican Insurance Company, wholly owned by Thebe Investment Corporation company, and South African government-owned Postbank said on Tuesday they had joined forces to provide affordable insurance cover to the local "unbanked" economic sector.